About This Property
Lake Road Apartments is a 99-unit affordable housing community in High Point, NC that serves families, individuals with disabilities, and formerly homeless residents. The property offers a mix of floor plans including 13 one-bedroom, 63 two-bedroom, and 23 three-bedroom units. Placed in service in 2006, this Low-Income Housing Tax Credit property is funded through tax-exempt bonds and provides affordable rental housing options in Guilford County.
Waitlist Information
Waitlist managed by Housing Authority of the City of High Point
Waiting lists for specific communities or bedroom sizes may be closed. Preferences include living or working locally, or being employed. Applications are accepted on Wednesdays from 9:00 am - 12:00 noon and 1:00 pm - 4:00 pm; applications for the elderly and disabled are accepted Monday - Thursday from 9:00 am - 12:00 noon and 1:00 pm - 4:00 pm.
The waiting list last accepted applications from June 1, 2024, until September 30, 2024. Preferences when open included living, working, or attending school in High Point, veterans, working/employed, displaced by natural disaster, or displaced by government action.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Guilford County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,011 |
| 1 Bedroom | $1,042 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,493 |
| 4 Bedroom | $1,680 |
Income Limits - Guilford County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,050
- Low (80%)
- $48,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,350
- Low (80%)
- $53,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,050
- Low (80%)
- $57,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $44,050
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,700 | $42,700 |
| 3 Persons | $21,960 | $30,050 | $48,050 |
| 4 Persons | $26,500 | $33,350 | $53,350 |
| 5 Persons | $31,040 | $36,050 | $57,650 |
| 6 Persons | $35,580 | $38,700 | $61,900 |
| 7 Persons | $40,120 | $41,400 | $66,200 |
| 8 Persons | $44,050 | $44,050 | $70,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in High Point, NC?+
The Fair Market Rent (FMR) for Guilford County, NC is: $1011 (Studio), $1042 (1BR), $1170 (2BR), $1493 (3BR), $1680 (4BR). Actual rent at subsidized properties like Lake Road Apartments is typically 30% of household income or less.
What size apartments are available at Lake Road Apartments?+
Lake Road Apartments offers the following unit types: 13 One-Bedroom, 63 Two-Bedroom, 23 Three-Bedroom units, for a total of 99 units.
How do I apply for housing at Lake Road Apartments?+
Lake Road Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Lake Road Apartments?+
Lake Road Apartments primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Guilford County, NC?+
For a 4-person household in Guilford County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,350, Low Income (80% AMI): $53,350. These limits are set by HUD and updated annually.
Is there a waitlist for Lake Road Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Lake Road Apartments?+
Lake Road Apartments is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Lake Road Apartments?+
Lake Road Apartments has a HUD inspection score of 97 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What is the price range for apartments in High Point, NC?+
Based on Fair Market Rent for Guilford County, the estimated price range is: 1-bedroom: $1042, 2-bedroom: $1170, 3-bedroom: $1493. Actual rent at Lake Road Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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